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Published Event State Process illinois

Marseilles, Illinois seeks an Opportunity Zone as the state weighs ~238 new zones

A historic railroad depot with a red tile roof beside a street in Marseilles, Illinois
Photo: David Wilson, cropped, CC BY 2.0 · file page

Marseilles, Illinois is seeking federal Opportunity Zone status for a corridor running from Bluff Street north to Interstate 55 and east of Rutland Street (Town Line Road), aiming to draw private investment and economic development to the LaSalle County city. The bid feeds Illinois' OZ 2.0 process: the state — which currently has 327 zones, 84 of them rural — is expected to nominate roughly 238 additional zones from about 950 eligible census tracts based on income and poverty data, ahead of the fall federal deadline.

Sources

Original reporting by the Opportunity Zone Invest Editorial Team for Opportunity Zone Invest, an independent OZ 2.0 research site. Facts are drawn from the primary sources cited above per our editorial standards. Nothing here is tax, legal, or investment advice. Found an error? See our corrections policy or write to Opportunity Zone Invest.

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